Mesa, AZ (December 3, 2025) – InTrust, a leading real estate investment firm, today announced the successful acquisition of Coral Point Apartments, a 337-unit multifamily community located in the highly desirable Mesa-Tempe corridor of Mesa, Arizona. The property was secured in an off-market transaction, underscoring InTrust’s ability to identify and execute on high-quality investments amid constrained transaction activity.
The property will be immediately rebranded and repositioned as Morrison in Mesa. The planned value-add strategy includes focused interior upgrades and comprehensive amenity improvements, designed to elevate the resident experience, reinforce the community’s long-term competitiveness, and support stronger leasing performance.
“Securing this asset off-market at a compelling basis during a selective market period highlights InTrust’s ability to uncover value,” said Josh Needle, CEO. “This acquisition adds significant operational scale and efficiency to our existing Arizona footprint, which continues to be a fundamental market for our firm.”
InTrust extends its appreciation to Michael Koshet of KW Commercial, who brokered the transaction and represented both the buyer and the seller, for his pivotal role in sourcing and facilitating this off-market opportunity. InTrust also thanks its investors, capital partners, and industry colleagues for their support in the successful completion of the transaction. The Fund remains active in raising capital and evaluating new opportunities aligned with its criteria.
InTrust is an owner-driven real estate investment company led by principals with an institutionally vetted track record in real estate debt and equity investments. The firm is recognized for its ability to add meaningful value to underperforming properties, serving both institutional and high-net-worth investor clients. InTrust consistently delivers on its commitment to acquire properties and implement strategic improvement programs that enhance operational performance and long-term value.
The company’s primary focus is on acquiring “value-add” multifamily opportunities in supply-constrained, infill markets with strong fundamentals and recent institutional investment. InTrust leverages deep market knowledge and strategic relationships to identify and secure off-market deals, often in areas dominated by private, long-term ownership.
InTrust targets high-barrier-to-entry markets with aging housing stock and strong growth prospects. Preferred markets include Phoenix, Las Vegas, Salt Lake City, Oklahoma City, San Francisco, and Southern California. The company’s approach is rooted in deep local expertise, enabling it to execute business plans effectively and identify opportunities ahead of industry peers.